ASA Gold and Precious Metals
ASA
45 hedge funds and large institutions have $78.3M invested in ASA Gold and Precious Metals in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 44 → 45 (+1)
2.12% less ownership
Funds ownership: 29.57% → 27.45% (-2.1%)
7% less capital invested
Capital invested by funds: $84.5M → $78.3M (-$6.2M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
82% less call options, than puts
Call options by funds: $284K | Put options by funds: $1.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$404K |
| 2 |
ICM
Ionic Capital Management
New York
|
+$401K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$232K |
| 4 |
LPL Financial
San Diego,
California
|
+$201K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.02M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.59M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.39M |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$817K |
| 5 |
RA
Royce & Associates
New York
|
-$309K |
ASA Hedge Fund Activity: Q3 2016 in Review
45 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ASA Gold and Precious Metals (ASA) for Q3 2016, worth a combined $78.3M — down 7.3% from $84.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ASA positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $404K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $3.02M sold.
- 45 institutional investors held ASA Gold and Precious Metals (ASA) as of Q3 2016, up from 44 in Q2 2016.
- Funds reported $78.3M of ASA Gold and Precious Metals stock for Q3 2016, down 7.3% quarter-over-quarter.
- 5 funds opened new ASA Gold and Precious Metals positions in Q3 2016 and 4 closed out, a net change of +1 holder.
- The largest ASA Gold and Precious Metals buyer in Q3 2016 was Cambridge Investment Research Advisors, an estimated $404K added.
- The largest ASA Gold and Precious Metals seller in Q3 2016 was Wolverine Asset Management, an estimated $3.02M sold.
Based on aggregated 13F filings for Q3 2016.